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Not a great end to the week for the Dollar Index (USDX)

The dollar did not enjoy a great end to the week on Friday. The USD index (USDX) fell back steadily throughout the session, dropping from a high at 103.92, to a low at 103.35 ahead of the US close. It later ended the week at 103.40. Amongst its major components, only the Yen added a modicum of support, because the Euro, Pound and CAD had all gained versus the US currency by the close of business. The index has not managed to rebound at all so far today, dropping back from an earlier high at 103.53, to below 103.30 a short while ago

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